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IND Consultant I Retirement-Actuarial

  • Bengaluru, India
  • Wealth Solutions

Job Description

Job Title- Consultant – Retirement Actuarial

ARL- 7

Position type- Full Time      

Work Location- Gurugram, Noida, Bangaluru

Working style-    Hybrid

Cab Facility- Yes

Shift Time – 12:00 pm – 9:00 pm / 12:30 to 9:30 pm (Bengaluru)

People Manager role: No

Required education and certifications critical for the role-

  • Graduation or Post Graduation in Mathematics/Statistics/Economics/Actuarial Science
  • Member of any recognized Actuarial Society like - IAI, IFOA or SOA and actively pursuing actuarial exam

Required years of experience –

  • Relevant industry knowledge and minimum work experience of 3.5 years (Employee Benefits, Retirement and Health Benefits preferably)

AON IS IN THE BUSINESS OF BETTER DECISIONS

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.

INFORMATION ABOUT THE BUSINESS

As a leader in pension and retirement strategies, we partner with clients to create solutions that aim to enhance financial security and deliver better outcomes. Aon’s actuarial professionals deliver accurate and timely advise to trustee and company of define benefit pension plans. Our insights guide clients through strategic decisions about plan options, improvements, and possible outcomes.

GENERAL DESCRIPTION OF ROLE:

Review the work done by junior colleague on pension actuarial – Valuations, Accounting, GMP equalization and Individual member calculation. Support the Scrutineer / Actuary on technical calculation and project management to deliver results to end clients.

JOB RESPONSIBILITIES:

  • Actuarial Calculations: review actuarial calculations, such as funding update, accounting disclosures, GMP equalization and member queriers. Use actuarial software and tools to perform actuarial valuations and projections.
  • Drive usage of various processes, templates, precedents, and models compliance guidelines as a competent checker.
  • Develop your understanding of the wider context, big picture view of the technical calculations and primary drivers of the results
  • Demonstrate a very good understanding of defined benefit plans/schemes operating and regulatory environment and actuarial professional requirements
  • Maintaining and building learning resources for the team, such as best practices sharing or involve in training materials updates
  • Actively participate in delivering training and mentoring of junior colleague

SKILLS/COMPETENCIES REQUIRED

  • Logical and problem-solving skills
  • Proficiency in MS office tools such as MS Excel and MS Word
  • Strong analytical and mathematical skills, with a keen eye for detail
  • Ability to communicate effectively with internal and external stakeholders
  • Strong organizational skills to manage multiple projects and deadlines efficiently
  • Ability to work in a team and collaborate effectively with colleagues from diverse backgrounds
  • Act as a role-model for junior colleagues, coach new analysts on professional conduct and good work ethics

HOW WE SUPPORT OUR COLLEAGUES

In addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self.

Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging them to take time to focus on themselves. We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it!

Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential. As a result, Aon colleagues are more connected, more relevant and more valued.

COMMITMENT TO SUSTAINABILITY

“Aon is dedicated to integrating sustainability into our core business practices. We strive to minimize our environmental impact through innovative solutions and responsible stewardship, ensuring a sustainable future for our clients and communities.”

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2023-71389